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Acquisitions (Unaudited) Purchase Price Allocation (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Jun. 30, 2013
Jun. 03, 2013
Dec. 31, 2012
May 31, 2013
Plains Exploration & Production Company [Member]
Jun. 30, 2013
McMoRan Exploration Co [Member]
Jun. 03, 2013
McMoRan Exploration Co [Member]
May 31, 2013
McMoRan Exploration Co [Member]
Jun. 03, 2013
Eliminations [Member]
Business Combination, Separately Recognized Transactions [Line Items]                
Current assets   $ 1,106   $ 1,010   $ 96   $ 0
Oil and natural gas properties - full cost method:                
Subject to depletion 12,200 12,248   11,447   801   0
Not subject to depletion 11,400 11,327   9,635   1,692   0
Property, plant, and equipment   262   261   1   0
Investment in MMR   0 [1]   848 [1]   0 [1] 848 (848) [1]
Other assets   411   12   399   0
Current liabilities   1,089   915   174   0
Debt (current and long-term)   11,250   10,630   620   0
Deferred income taxes   3,871 [2]   3,871 [2]   0 [2]   0 [2]
Other long-term liabilities   1,126   868   258   0
Redeemable noncontrolling interest   1,008   749   259   0
Total fair value, excluding goodwill   7,010   6,180   1,678   (848)
Goodwill 1,904 1,904 [3] 0 454 [3]   1,450 [3]   0 [3]
Total purchase price   $ 8,914   $ 6,634 $ 3,128 $ 3,128   $ (848)
Tax Rate, Fair Value Adjustments, Percent 38.00%              
Federal Statutory Income Tax Rate, Percent 35.00%              
State Income Taxes, Percent 3.00%              
[1] PXP owned 51 million shares of MMR common stock, which was eliminated in FCX's condensed consolidated balance sheet at June 30, 2013.
[2] Deferred income taxes have been recognized based on the estimated fair value adjustments to net assets using a 38 percent tax rate, which reflected the 35 percent federal statutory rate and a 3 percent weighted-average of the applicable statutory state tax rates (net of federal benefit).
[3] The final valuation of assets acquired, liabilities assumed and noncontrolling interest is not complete and the net adjustments to those values may result in changes to goodwill and other carrying amounts initially assigned to the assets, liabilities and noncontrolling interest based on the preliminary fair value analysis.